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Greensburg, IN Multifamily Home for Sale

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    $220,000

    • 6 Beds
    • 2 Baths

    314 E Barachel Ln, Greensburg, IN 47240

    NO SIGN AT PROPERTY-Located behind A & W off Lincoln St. ZONED C1 3298 sq feet on almost 1/2 acre behind A & W Eatery on Lincoln St. (High Traffic) Stone exterior. Large parking area. Previously a Bookstore/Gift Shop. Currently 2 residential rental units. Total $2,400 gross rent monthly. Net is $1,900 owner pays $500/m utility bills. (Rent potential could be Net Rent $2,500 and have the tenants

    Laurin Smith Lincoln Realty, Inc.

    314 E Barachel Ln, Greensburg, IN 47240

Why Live in Greensburg

Greensburg, Indiana, is a small city known for its unique clocktower with a mulberry tree growing out of it, making it a quirky tourist destination along Interstate 74. Located about halfway between Indianapolis and Cincinnati, Greensburg offers suburban living with a strong agricultural influence and connections to major industries. The Honda plant is a significant contributor to the local economy, employing over 2,500 people, alongside other employment centers like Delta Faucet Company and Valeo Engine Cooling. Housing options in Greensburg include single-family homes built throughout the 20th century, featuring ranch styles, Dutch-influenced Colonial Revivals, and newer traditional houses. Multi-family options such as duplexes, condos, and townhomes are available but less common. Greensburg Community Schools serve public school students and are highly rated. The city has a vibrant community life, with popular basketball games at Greensburg High School drawing crowds. Outdoor attractions include Decatur County Park, which features a 10-acre lake, Greensburg Country Club, and North Park for sports practices. Oddfellows-Rebekah Park hosts the DecCo Summer Concert Series and includes the Inclusion Park, designed to be disability and sensory-friendly. Shopping options range from Walmart and Aldi to local boutiques like Denim & Honey and Pickers Paradise. Dining highlights include Mayasari Indonesian Grill and Storie’s Restaurant. Annual events such as the Decatur County Fair and Tree City Fall Festival add to the city's charm. Greensburg is conveniently located 53 miles from Indianapolis and 61 miles from Cincinnati, with nearby medical facilities and airports.

Home Trends in Greensburg, IN

Housing Trends

Median Sale Price
$286,500
Median Single Family Sale Price
$309,900
Average Price Per Sq Ft
$158
Number of Homes for Sale
7
Last 12 months Home Sales
30
Months of Supply
2.80
Median List Price
$315,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
24%
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